Posting Details

Coin Laundry For Sale - Stockton, Central Valley

BBB #:1500
Asking Price: $232,000
Location: Stockton, San Joaquin County, California
Monthly Averaged Revenues in 2018: $11,467 (Estimated)
Monthly Averaged Revenues in 2017: $9,191 (Estimated)
Monthly Averaged Cash Flow in 2018: $5,137 (Estimated)
Monthly Averaged Cash Flow in 2017: $3,390 (Estimated)
Monthly Rent: $1,549/m

LISTING DESCRIPTION:
This coin laundry is located in a big shopping center, which provides coin op laundry as well as drop off business. Seller CAN finance $75,000 to qualified buyer with down payment at $232,000. The term is 5 years with 6% interest. Please see Gross and Cash Flow in both 2017 & 2018. The income and cash flow are increasing Still!!

GENERAL INFORMATION:
Organization: LLC | Square Footage: 2,000 sf | Parking: Many Parking Lots |
Days Open/Hours: 7 Days, 8am - 9pm | Established Business: 10 yrs | Current Owner: 1 & 1/2 yrs | Reason to sell: Retirement |

FINANCIAL STATEMENT:
Monthly Averaged Revenues in 2018: $11,467 (Established)
Monthly Averaged Cash Flow in 2018: $5,137 (Established)
Proportion of the income: Coin Op makes 66% & Drop Off makes 33%.

LEASE INFORMATION:
Monthly Rent: $1,549 - $150 Credits to Seller from Landlord per month & $250 Credits to Seller from Landlord per quarter | Lease Expiration: 2023 |
Option/Extension: 5 years |

MACHINE INFORMATION:
6, Wascomat - Junior W620 - $3
2, Wascomat - Senior W640 - $5,50
2, Wascomat - Giant W655 - $6,50
1, Wascomat - Triple W125 - $5
3, Maytag - Neptune - $2
2, Speed Queen - T/L - $1,75
2, Whirlpool - T/L - $1,75
2, Huebsch - Front Loader Originators 25 - $3
1, Wascomat - Big Single Dryer
7, Speed Queen - Stack Dryer
5, Wascomat - Stack Dryer
1, Computer for Customers
1, Game Machine
1, Seaca - Coin Changer
1, ATM Machine
1, Soap Vending Machine
1, Snack & Soda Vending Machine
1, TV
1, Surveillance Camera Recording System
The listing # 241675 Coin Laundry - Stockton, Central Valley below is currently OFF THE MARKET due to that it is either in escrow at this time or has recently been sold. For more businesses for sale that are like this Coin Laundry in Stockton, Central Valley please see a sample of BizBen active listings below and links to all similar listings on BizBen.com.

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